Quantum Computing – Thematic Research
- Pages: 49
- Published: February 2021
- Report Code: GDTMT-TR-S298
Theoretically, quantum computing can complete in seconds tasks that would take classical computers thousands or even millions of years. Quantum computers are machines that use the properties of quantum physics to store data and perform computations. Use cases stretch from improved weather forecasting to cracking the codes used to encrypt all internet messaging. The company (or government) that owns the first at-scale quantum computer will be powerful indeed.
Quantum computers are proving extremely difficult to build, and fully-fledged commercial computers are not expected for 10, 20, or even 30 years. However, within the next five to seven years, intermediate quantum computers are likely to become available that can offer a quantum advantage over classical computers in certain optimization applications across, for example, space warfare, logistics, drug discovery, and options trading. These intermediate devices will become more powerful and robust with successive generations.
There are three risks facing the quantum computing industry: the extreme difficulty of engineering quantum devices that can entangle large numbers of qubits to cohere long enough to complete calculations; the shortage of people who combine data science and coding skills with a deep understanding of quantum physics; and the danger that hype and unmet expectations will lead to a quantum winter.
Head of Thematic Research, Cyrus Mewawalla, comments: “Comparisons are often drawn between quantum computing and nuclear fusion. Both are seen as technologies that are always 20 years away. Yet, as investments and collaborations demonstrate, companies do see quantum computing delivering value this decade and want to position themselves to take advantage of this. Quantum computing will be a game-changer.”
This report provides an overview of the quantum computing theme.
It identifies the key trends impacting growth of the theme over the next 12 to 24 months, split into two categories: technology trends and macroeconomic trends.
It includes a comprehensive technology briefing, which explains what quantum computers are, how they work, and why they are superior to classical computers.
The detailed value chain comprises five segments: quantum infrastructure, quantum hardware platform, quantum software, quantum applications, and quantum services.
JP Morgan, Volkswagen, and Lockheed Martin are already working closely with the leading quantum computing companies, IBM, Google, Honeywell, and D-Wave, to develop skillsets in readiness for the quantum age with a stepping stone approach. The sector leaders are all creating Quantum-as-a-Service (QaaS) offerings on specialist cloud-based platforms, where prospective customers can experiment with quantum devices and start developing quantum code.
Reasons to buy
Within the next five to seven years, intermediate quantum computers are likely to become available that can offer a quantum advantage over classical computers in certain optimization applications across, for example, space warfare, logistics, drug discovery, and options trading. This report will help you understand what quantum computing is and its potential impact across industries. It also includes details of the companies leading the charge towards quantum supremacy.
M Squared Lasers
Low Noise Factory
Cambridge Quantum Computing
Quantum Diamond Technologies
Dubai Electricity and Wateer Authority
Boston Consulting Group
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